News

By

Linda Salim, for SeafoodSource from Surabaya, Indonesia

Published on
May 15, 2008

Vitarich Corp., a Philippines livestock company, has announced its commitment to assist entrepreneurs opening pangasius farms in the Philippines. Rogelio Sarmiento, the company's chairman, explained that Vitarich, which markets antibiotic-free pangasius feeds, would offer its skills and expertise to local farmers.

Pangasius is now a multi-billion industry in Vietnam. Vitarich National Marketing Manager Jose de Leon Angeles is optimistic that

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By

SeafoodSource staff

Published on
May 15, 2008

U.S. seafood imports from China, led by shrimp and catfish, exceeded $2 billion last year, representing more than half of total U.S. food imports from the Asian country, reports the U.S. Census Bureau.

U.S. imports of all goods from China totaled $321 billion.

The figures were released this week as U.S. Health and Human Services Secretary Mike Leavitt and U.S. Food and Drug Administration Commissioner Andrew von Eschenbach visit China to

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By

Linda Salim, for SeafoodSource from Surabaya, Indonesia

Published on
May 15, 2008

The price of Vietnamese tra catfish has been declining over the past couple of months, with estimated total loss of over $18,500. Earlier this month, one kilogram of tra sold for an average of 89.7 cents. It has since bottomed out at 85.4 cents, before settling at 86.6 cents this week.

Nguyen Thien Phap, a tra farmer from Phu Tan in An Giang province, said he sold 100 tons of tra to local processor Cadonimex for 86 cents a kilo, losing

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By

SeafoodSource staff

Published on
May 15, 2008

The Western Fishboat Owners Association (WFOA) will launch a Web site this weekend dedicated to U.S.-caught Pacific albacore tuna.

The site, www.pacificalbacore.com, will feature recipes, nutritional information, a history of the Northwest albacore fishery and details of where to purchase fresh and canned albacore products.

"Sustainable seafood is a hot topic right now. People are visiting their local markets, looking for sustainably caught

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By

SeafoodSource staff

Published on
May 14, 2008

The United States has appealed a Feb. 29 World Trade Organization ruling that its practice of collecting cash deposits in the form of bonds from Indian and Thai shrimp exporters subject to antidumping tariffs violates international trade law.

U.S. Customs and Border Protection enacted the practice in 2004 to curb tariff evasion. India and Thailand are two of the six Asian and Latin American countries the U.S. Department of Commerce slapped with

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By

SeafoodSource staff

Published on
May 14, 2008

Due largely to the outbreak of the infectious salmon anemia (ISA) virus in Chile, Marine Harvest ASA, the world's largest salmon producer, today reported an operating loss of 65 million kroner ($12.8 million) in the first quarter of this year, compared to a profit of 552 million kroner ($108.7 million) during the same period last year.

Revenues totaled 3,080 million kroner ($606.5 million), down from 3,795 million kroner ($747.3 million).

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By

SeafoodSource staff

Published on
May 14, 2008

Cyclone Nargis had a devastating impact on Myanmar's fishing industry earlier this month, sinking fishing vessels and damaging docks and storage facilities.

The storm killed more than 22,000 of the coastal population; some 41,000 are still missing and 1.5 million people are displaced.

During the cyclone, five areas of Myanmar were hit, including the capital Yangon, Ayeyarwady and Bago as well as the Mon and Kayin states. These five areas

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By

SeafoodSource staff

Published on
May 14, 2008

A final version of the Farm Bill, expected to pass through the Senate and House later this week, will include $170 million in aid for families and businesses in the Pacific Northwest affected by closures to the region's commercial salmon fisheries.

"This funding is desperately needed by the communities and families who rely on salmon fishing, many of whom face losing their businesses and homes due to two years of no fishing," says North Coast

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By

SeafoodSource staff

Published on
May 14, 2008

Thai Union Frozen Products, one of the world's largest seafood companies, has revised its projected 2008 sales from a 12 percent increase to 20 percent, The Nation of Bangkok reported yesterday.

In the first quarter of this year, Thai Union's sales increased 32 percent to $478.3 million, up from $361.6 million in the same period last year. In terms of the baht, sales jumped 20 percent from 12.8 billion to 15.4 billion.

"During the first

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By

SeafoodSource staff

Published on
May 13, 2008

The Jamaican Ministry of Labor and Social Security has sent 19 female workers to the Canadian seafood industry as part of a new government initiative to include more women in the Canadian labor market.

The women, ages 21 to 39, will be packaging seafood for domestic and export purposes at Cape Bald Packers in New Brunswick.

According to Pearnel Charles, labor and social security minister, the women have been advised that they are breaking

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